United States Oil and Gas Pipeline Maintenance, Repair, Overhaul (MRO) Market Size (2024 - 2029)

United States Oil and Gas Pipeline Maintenance, Repair, Overhaul (MRO) Market Size Summary

The United States oil and gas pipeline maintenance, repair, and overhaul (MRO) market is poised for growth, driven by factors such as aging infrastructure and the need for capacity expansion. Despite challenges posed by the shift towards renewable energy sources, the market is expected to benefit from increased oil and gas exploration and production activities. The gas pipeline segment, in particular, is anticipated to experience significant growth due to rising demand for natural gas in domestic and export markets. This demand is further fueled by the development of new natural gas sources, such as shale gas deposits, and the expansion of the natural gas pipeline network, which is essential for supporting the increasing consumption of natural gas across various industries.

The market landscape is characterized by a moderate level of fragmentation, with key players including Sulzer Ltd., National Energy Services Reunited Corp., Linde PLC, Oceaneering International, Inc., and Baker Hughes Company. The United States is witnessing a surge in pipeline infrastructure projects, both in terms of new constructions and expansions, to meet the growing supply needs. Notable projects include the Mountain Valley gas pipeline and the Dakota Access Pipeline (DAPL) Expansion, which highlight the ongoing efforts to enhance the country's pipeline capacity. These developments, coupled with government initiatives like the Natural Gas Distribution Infrastructure Safety and Modernization Grant program, are expected to create substantial opportunities for the MRO market in the coming years.